Man United FC

BREAKING: All Manchester United fans very excited as Sheikh Jassim ‘makes bold and final decision’ on Man United takeover

Manchester United has yet to release its annual financial results, a move that some speculate may be connected to the ongoing takeover saga involving the Glazer family.

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It’s been almost a year since the American billionaire owners of the Premier League club invited offers for the club, but no offer has been accepted so far.

Sheikh Jassim and Sir Jim Ratcliffe are currently leading the race to buy control of the club. However, investors are reportedly in the dark regarding the club’s current financial status.

There is widespread speculation that the delay might be related to the potential new ownership of the club. Alternatively, the Glazers might be strategically waiting for the right moment to reveal their financial figures, which could further frustrate United fans, who have been vocal about their stance on the owners.

According to reports in The Daily Mail, the club is operating with tight budgets, and long-term projects have been put on hold, awaiting more clarity on their revenues.

The club estimates that their forecasted revenues for this year could reach up to £650 million, a significant increase from the approximately £580 million reported in 2022.

This year, Manchester United has deviated from its usual practice of announcing financial results in September. Instead, they have waited until October, a decision that has raised eyebrows among fans and potential investors.

While the Glazers are not legally obligated to release their yearly report until the regulatory deadline, which is still a few weeks away, the uncertainty surrounding the situation is causing concern among both the fanbase and potential investors.

In a similar situation in 2020, investors had to wait until as late as October 21 to see the annual report, which included significant losses of £118 million attributed to the impact of the COVID-19 pandemic.

The current delay may be creating similar anxieties as the club remains in a state of uncertainty. Recent reports suggest that Jim Ratcliffe may be considering a deal that would give him a 25 percent stake in the club, allowing the Glazers to maintain their majority ownership.

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